The FSA Spy market buzz – 26 April 2024
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
Although both funds receive a neutral analyst rating, the Blackrock fund is awarded three stars by Morningstar, while the Fidelity product only has two stars on a five-star scale.
FE Fundinfo, which bases its assessment on a fund’s three-year history of delivering alpha, also favours Blackrock over Fidelity, by assigning a three crowns rating to the former and one crown to the latter.
“We have both funds’ people and process pillars rated as above average, signalling equal conviction,” said Mottola.
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
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